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BSM logo BSM
Upturn stock rating
BSM logo

Black Stone Minerals LP (BSM)

Upturn stock rating
$13.08
Last Close (24-hour delay)
Profit since last BUY0.77%
upturn advisory
Consider higher Upturn Star rating
BUY since 31 days
  • BUY Advisory
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  • SELL Advisory (Loss)
  • Profit
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Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

10/29/2025: BSM (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $13

1 Year Target Price $13

Analysts Price Target For last 52 week
$13 Target price
52w Low $11.7
Current$13.08
52w High $14.74

Analysis of Past Performance

Type Stock
Historic Profit -21.99%
Avg. Invested days 48
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/29/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.76B USD
Price to earnings Ratio 11.23
1Y Target Price 13
Price to earnings Ratio 11.23
1Y Target Price 13
Volume (30-day avg) 3
Beta 0.21
52 Weeks Range 11.70 - 14.74
Updated Date 10/29/2025
52 Weeks Range 11.70 - 14.74
Updated Date 10/29/2025
Dividends yield (FY) 10.85%
Basic EPS (TTM) 1.16

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date 2025-11-03
When -
Estimate 0.3033
Actual -

Profitability

Profit Margin 66.49%
Operating Margin (TTM) 119.89%

Management Effectiveness

Return on Assets (TTM) 14.09%
Return on Equity (TTM) 24.31%

Valuation

Trailing PE 11.23
Forward PE 7.17
Enterprise Value 2882347568
Price to Sales(TTM) 6.67
Enterprise Value 2882347568
Price to Sales(TTM) 6.67
Enterprise Value to Revenue 6.71
Enterprise Value to EBITDA 8.98
Shares Outstanding 211852971
Shares Floating 177875992
Shares Outstanding 211852971
Shares Floating 177875992
Percent Insiders 20.63
Percent Institutions 14.17

ai summary icon Upturn AI SWOT

Black Stone Minerals LP

stock logo

Company Overview

overview logo History and Background

Black Stone Minerals LP was founded in 1876 and is one of the largest owners of oil and natural gas mineral interests in the United States. Originally a private entity, the company has evolved through various forms to its current publicly traded partnership structure.

business area logo Core Business Areas

  • Oil and Natural Gas Mineral and Royalty Interests: Black Stone Minerals owns mineral and royalty interests, entitling it to a portion of the revenue generated from the production of oil and natural gas on its properties.

leadership logo Leadership and Structure

Black Stone Minerals LP is managed by its general partner, Black Stone Minerals GP LLC. Thomas L. Carter, Jr. serves as the Chairman and Chief Executive Officer. The organizational structure is typical of a master limited partnership (MLP).

Top Products and Market Share

overview logo Key Offerings

  • Mineral and Royalty Interests: Black Stone Minerals' primary offering is mineral and royalty interests. Revenue is generated from lease bonus payments, delay rentals, and royalties on production. The company competes with other mineral rights aggregators and owners of mineral rights. Market share data is not explicitly disclosed by the company in common reporting.

Market Dynamics

industry overview logo Industry Overview

The oil and gas mineral rights industry is influenced by commodity prices, drilling activity, and regulatory changes. It's a fragmented industry with many private and public players. The current industry is cyclical with recent price volatility.

Positioning

Black Stone Minerals is a significant player in the mineral and royalty interest space, with a large and diversified portfolio of assets. Its size and scale provide it with a competitive advantage over smaller operators.

Total Addressable Market (TAM)

The TAM for mineral and royalty interests is substantial, linked to the overall value of oil and gas production. Black Stone Minerals captures a portion of this TAM based on its royalty rates on its acreage.

Upturn SWOT Analysis

Strengths

  • Large and Diversified Asset Base
  • Experienced Management Team
  • Established Relationships with Operators
  • Strong Cash Flow Generation

Weaknesses

  • Dependence on Commodity Prices
  • Exposure to Regulatory Changes
  • Complex Partnership Structure
  • Sensitivity to Drilling Activity

Opportunities

  • Acquisition of Additional Mineral Interests
  • Expansion into New Basins
  • Increased Drilling Activity on Existing Properties
  • Development of Renewable Energy Resources on their Land

Threats

  • Decline in Commodity Prices
  • Increased Regulation of Oil and Gas Industry
  • Shift to Renewable Energy Sources
  • Competition from Other Mineral Rights Owners

Competitors and Market Share

competitor logo Key Competitors

  • VNOM
  • KRP
  • MNRL

Competitive Landscape

Black Stone Minerals has a large and diversified asset base, providing it with a competitive advantage. Its exposure to multiple basins helps to mitigate risk. It competes with other mineral rights owners and aggregators.

Growth Trajectory and Initiatives

Historical Growth: Black Stone Minerals' historical growth has been driven by acquisitions and increased drilling activity on its properties.

Future Projections: Future growth is tied to commodity prices and the company's ability to acquire additional mineral interests. Analyst estimates vary based on market conditions.

Recent Initiatives: Recent initiatives include strategic acquisitions and focus on optimizing its asset base.

Summary

Black Stone Minerals LP is a significant player in the oil and gas mineral rights industry, characterized by its substantial asset base and experienced management. Its dependence on commodity prices presents a vulnerability, requiring vigilance against market fluctuations. Strategic acquisitions and proactive adaptation to evolving regulatory environments are crucial for sustained growth. Black Stone Minerals needs to look out for the increasing popularity of renewable energy sources.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Black Stone Minerals LP Investor Relations
  • SEC Filings
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. Market conditions and company performance are subject to change.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Black Stone Minerals LP

Exchange NYSE
Headquaters Houston, TX, United States
IPO Launch date 2015-05-01
President, CEO & Chairman of the Board of Black Stone Minerals GP L.L.C Mr. Thomas L. Carter Jr.
Sector Energy
Industry Oil & Gas E&P
Full time employees -
Full time employees -

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas.